After a bruising 2021, Wind Energy suppliers hope for a better 2022 Updated On Tue, Feb 15th, 2022 by Saurenergy 2021 was a difficult year for the Wind energy industry. Manufacturers were hit by rising costs, supply chain issues, and even low wind speeds. Heavyweights like General Electric (GE), Siemens, and Orsted, saw their profits dwindling in 2021. Impact on Businesses The impact on business in the wind energy was best exemplified by Siemens Gamesa, […] Read more
With Green Bonds in Budget’22, RE Financing Grows in India: IEEFA Updated On Thu, Feb 3rd, 2022 by Saurenergy As India’s renewable energy sector growth continues to outpace all other global economies, the Budget announcement on issuing green bonds – which are among the most widely used instruments for funding green infrastructure – will massively support this trajectory, finds a new report out by the Institute for Energy Economics and Financial Analysis (IEEFA). The union […] Read more
EV Push Continues To Gather Pace With NITI Aayog Shoonya Campaign Updated On Thu, Jan 27th, 2022 by Saurenergy India’s foremost planning body the NITI Aayog, has added over 70 corporate partners from e-commerce, ride-hailing, logistics and manufacturing ecosystems for its Shoonya campaign. A NITI Aayog, RMI and RMI India initiative to promote zero-pollution mobility across the nation, the campaign aims to promote the use of electric vehicles (EVs) for deliveries and rides through […] Read more
When Will The Impact Of Chip Shortages On EV’s End In India? Updated On Thu, Jan 20th, 2022 by Saurenergy Semiconductor Chip shortages has become a trouble spot for EV growth in India. A fear that Chip shortages will lead to EV decline in India persists. This come amidst the rising need of the microprocessors with the rise in EV sales in Indian market. Marking 42,067 units, the sales crossed the 40,000 mark in a […] Read more
IEEFA: Skyrocketing EV Sales in China Spell a No-turning-back Step Change in Global Energy Landscape Updated On Wed, Jan 19th, 2022 by Saurenergy The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market, writes Tim Buckley, Director of Energy Finances Studies Australasia & South Asia, Institute for Energy Economics and Financial Analysis (IEEFA), as he gives insight […] Read more
PLI Battery Scheme Has 10 Bidders. Reliance, L&T, Amara Raja Bid Updated On Mon, Jan 17th, 2022 by Saurenergy Bids from 10 companies have been received for the government’s PLI Battery scheme, or ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’. Seen as a key initiative to ensure 50 GWh of ACC battery storage manufacturing capacity in the country. The Rs 18, 400 Lucas-TVS, Exide Indcrore production-linked incentive (PLI) scheme for advanced chemistry […] Read more
Indian Railways Seeks Bids for Solar-driven AC Plants in Kerela Updated On Fri, Dec 24th, 2021 by Saurenergy The Thiruvananthapuram railway division, one of the six administrative divisions of the Southern Railway Zone of the Indian Railways, has invited bids for the supply of solar-powered AC plants in running rooms in Thiruvananthapuram, Kerala. The deadline for bid submission is January 13, 2022, at 2 PM. Bidding will commence on December 30, 2021. The […] Read more
Danish Fund IFU To Invest $34 Million Into Cleanmax Updated On Tue, Dec 21st, 2021 by Saurenergy In yet more funding news, The Danish Investment Fund for Developing Countries (IFU) is investing USD 34 million (Rs 260 cr approx.) in CleanMax, which has an aggregated capacity of 750+ MW of installed solar and wind-solar hybrid power. Cleanmax, founded in 20211, has been an early mover in the commercial and industrial segment, and […] Read more
Koch Invests $150 million in GameChange Solar Updated On Fri, Dec 17th, 2021 by Saurenergy GameChange Solar Holdings Corp. (GameChange), a leading US provider of racking and tracker systems for utility scale solar power plants, announced today that Koch Strategic Platforms (“KSP”), a subsidiary of Koch Investments Group, has made a $150 million investment in GameChange to support the company’s strategic development goals. In India, GameChange has its office in […] Read more
